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SunSirs: Market for Ophiopogon Japonicus in China Remains High
March 24 2021 08:53:13SunSirs(Linda)

1. Price Trend

The market for Ophiopogon japonicus has risen. The current price of Ophiopogon japonicus in Sichuan is around 52-55 yuan/kg, a 4.02% increase compared to last week.

2. Distribution of Ophiopogon japonicus production areas

Ophiopogon is sweet and cold in nature and has the functions of nourishing yin, nourishing body fluid, nourishing the lungs and clearing the heart. It is a traditional Chinese medicine used in Chinese medicine to treat diseases and an important raw material for the Chinese patent medicine industry. According to statistics from the National Catalogue of Chinese Patent Medicines, there are 89 kinds of Chinese patent medicines such as Xuanmai Granules, Shengmaiyin and Qingchunbao produced from Ophiopogon japonicus as raw materials. In terms of foreign trade, Ophiopogon japonicus is also an important export commodity of our country, which is exported to Asian countries. With the development of domestic and foreign medical care and the expansion of foreign trade, the consumption of Ophiopogon japonicus is about 12,000 tons.

At present, Ophiopogon japonicus is mainly planted in Santai County in Sichuan, Xiangfan in Hubei, Cao County in Shandong, and Quanzhou in Fujian. Among them, the Sichuan production area has the largest planting area, and Hubei is the second largest production area. The Shandong production area has developed rapidly in recent years. Its planting area and output have been increasing year by year, and the planting area and output have exceeded the Hubei production area.

3. The latest market quotations of Ophiopogon japonicus

Bozhou market: Ophiopogon japonicus, with the deepening of production in the production area, merchants have continued to purchase goods, and the market has rebounded significantly. At present, the price of Sichuan medium-sized goods in Bozhou market is about 60 yuan, and the price of pharmaceutical products is about 50 yuan; The price of Datong goods rose from 25-26 yuan in the previous few days to about 28 yuan, and the price of pharmaceutical products was 22-23 yuan. According to the quality, the price of Shandong goods was between 26-30 yuan.

Anguo Market: Ophiopogon japonicus, new production continues. Recently, there are more merchants buying goods in the production area, and the supply is selling smoothly. The market has rebounded. The original package price of Ophiopogon japonicus in the current market is between 50-60 yuan, and the price of Ophiopogon japonicus is unified The price is between 28-30 yuan.

Santai County, Mianyang, Sichuan: The listing price of Ophiopogon japonicus is still high, but the supply trend has slowed down, and the transaction volume has shrunk in the past two days. The transaction price of medium-sized goods is around 55 yuan, the transaction price of medium and above quality goods is around 60 yuan, the transaction price of medium-low quality goods is 50/53 yuan, and the transaction price of special high-quality goods is about 65 yuan. The price of Ophiopogon japonicus has risen by 8/10 yuan since the production of the new one month, and there is no more than 40 yuan in the market.

4. Analysis of influencing factors

Ophiopogon has a new high inventory at the end of 2020

Judging from the planting area and output of the three major production areas of Ophiopogon japonicus in recent years, the total output of Sichuan production areas in 2017 was about 7,500 tons, and the total output of Hubei and Shandong production areas was about 5,000 tons. Adding the inventory, the remaining inventory before production in 2018 About 800 tons. In 2018, the total output of Sichuan production area was about 9,000 tons, and the total output of Hubei and Shandong production areas was 5,500 tons. By 2019, the remaining inventory before new production is about 2,200 tons.

In 2019, the Sichuan production area was affected by the autumn floods in 2018, resulting in a decline in yield. The total output was about 8,500 tons. The Hubei production area sold more Ophiopogon japonicus seedlings, and the total output was lower than in previous years. The total output of Shandong production area increased slightly compared with the previous year. In 2019, the total output of the three major production areas of Ophiopogon japonicus was approximately 13,000 tons.

Before the new production in 2020, there will probably be 1,000 tons of remaining supplies. However, as the epidemic has digested hundreds of tons, there are only a few hundred tons left in inventory. In 2020, the total output of Sichuan's production area will be about 12,000 tons. Adding the output of Shandong and Hubei, the total output will be about 15,000 tons. Affected by the epidemic, when the new production was produced, prices continued to rise. Later, as the market digested weakly, sales decreased, and prices adjusted. The annual consumption was less than 10,000 tons, and there was still a lot of surplus on the ground. At the end of the year, the inventory was about 4,000 tons. Severe surplus, once again hitting a new high in recent years.

Ophiopogon has a high mining cost

The production of Ophiopogon japonicus is generally digging and planting at the same time. The seedlings can also be used as seedlings while taking the roots. The cost of developing a seedling can be saved. Therefore, the large-scale development of the planting scale in the early stage is difficult to converge.

There is no need to buy seedlings for Ophiopogon japonicus planting. The seedlings at home are sufficient and part of it can be sold. New growers need to buy seedlings. Generally, Ophiopogon japonicus produces 350-400 kilograms of dry products per mu, which are sold at a price of 50 yuan per mu. The income per mu is nearly 20,000 yuan, and the net income after excluding production costs is more than 10,000 yuan. If you buy seedlings for planting, you need 500-600 yuan per mu of seedling input. If the planting area is large, you will need to hire workers to excavate 600-700 yuan, plus the fertilizer input, the planting cost will be less than 2,000 yuan per mu, minus the planting cost, the profit per mu Still above 8,000 yuan.

Since the income of Ophiopogon japonicus is so high, why not expand it on a large scale? This is because Ophiopogon japonicus not only has a high planting input cost, but also requires time and labor for mining, which is one of the reasons why the price is so high. In the old production areas of Ophiopogon japonicus in Sichuan and Hubei, several towns and villages, due to repeated planting year after year, the yield per unit is declining, and each family's land is limited, so it is difficult to expand the planting on a large scale. For planting, the cost of contracting land for large households is higher.

5. Outlook

On the whole, the Sichuan Ophiopogon japonicus production area had little impact from the flood last year, and the reduction in production was negligible. The current inventory is close to 4,000 tons, which is a high year. The increase in labor prices puts pressure on Sichuan Ophiopogon, which is grown on rented land, but Sichuan Ophiopogon has new pharmacopoeia and supervision. According to the analysis of the business community, there are more stocks of Ophiopogon japonicus in the production area this year, and the price has risen too early or too much. The enthusiasm of wheat farmers in planting has increased. If the reduction in production is not large, the price of Ophiopogon can hardly improve in the later period!

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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